You have probably heard of credit scores before and are aware that they can affect your ability to get credit cards and loans and the interest rates you are charged. You may have even checked your score a few times (and if it was high, bragged about it at cocktail parties!). But how much do you really know about credit scores?

Take this quiz to find out:

Your income is one factor used to calculate your credit score.True or False

When you pull your own credit report, it has no effect on your credit score.True or False

If you are looking for a mortgage or car loan, you should only apply with one lender because shopping around will lower your credit score.True or False

Having a low credit score can prevent you from renting an apartment or getting a job.True or False

Late payments on a co-signed debt can lower your credit score even if the person you co-signed for was the one who borrowed the money and promised to make the payments.True or False

You need to carry a balance on your credit cards to have a good credit score.True or False

Federal law gives you the right to get your credit score for free once a year.True or False

After you get married, your spouse’s and your credit histories are merged, and you have the same credit score.True or False

Making your rent and utility payments on time boosts your credit score.True or False